On or about 8 July 2019, Singapore has signed a comprehensive Agreement for the Avoidance of Double Taxation (DTA) with Armenia.

The DTA enhances the cross-border trade and investment between both countries. It lowers the withholding tax rates on income flows arising from cross-border business activities, and stipulates the taxing rights of both jurisdictions to minimise double taxation.

The full text of the Singapore-Armenia DTA is available on the Inland Revenue Authority of Singapore’s website. The DTA will enter into force after ratification by both countries.

Source: IRAS website, 8 July 2019